Hi everyone,
Back to leaning Neutral and leaning toward the Bullish trends. Once we breakout of what I call the second breakout, will be major either way. We may Still may get a few more days of accumulation, then we should see an upward bounce to over 11k. If not and we go Bearish, then we may break down to 10,000 so SET STOPS and take profits, accumulate. If you plan to buy in, wait until confirmed after breaking the channel or (downward trend line). Also wait for the pull back if you don't see volume at the breakout. Good Luck All.
SHORT TERM: Neutral Bullish
MID TERM: Bullish Neutral
LONG TERM: BULISH
This is not advice, but only my perspective.
Keep in mind the lines only mean the direction I think we are heading. Time frame and angle most likely will be some what different. If you guys would rather see tops and bottoms with no line like most people do here (a lot easier for me...lol) but in my opinion it doesn't give you enough information. I do not show all the indicators I use for clarity. Please feel free to commit.
Thank you for visiting!
Good luck...
Back to leaning Neutral and leaning toward the Bullish trends. Once we breakout of what I call the second breakout, will be major either way. We may Still may get a few more days of accumulation, then we should see an upward bounce to over 11k. If not and we go Bearish, then we may break down to 10,000 so SET STOPS and take profits, accumulate. If you plan to buy in, wait until confirmed after breaking the channel or (downward trend line). Also wait for the pull back if you don't see volume at the breakout. Good Luck All.
SHORT TERM: Neutral Bullish
MID TERM: Bullish Neutral
LONG TERM: BULISH
This is not advice, but only my perspective.
Keep in mind the lines only mean the direction I think we are heading. Time frame and angle most likely will be some what different. If you guys would rather see tops and bottoms with no line like most people do here (a lot easier for me...lol) but in my opinion it doesn't give you enough information. I do not show all the indicators I use for clarity. Please feel free to commit.
Thank you for visiting!
Good luck...
Trade closed: target reached:
This chart is considered close...